Killing solar power cost us £116 per household

Back in May 2015, the government started it’s war on green energy. The story that it came up with to cover for this ideological assault on the planet was that green energy subsidies were costing the average household a fortune. That fortune turned out to be about 0.7% of your bill – about £8 on average (far less than the subsidy on coal and gas). However, who wouldn’t want to save £8, even if it meant accelerating climate change, right?

Well, a parliamentary report published today says it may not have been such a good idea. In fact the report claims the government’s culling of green energy will cost us £3.18bn a year, or £116 per household on average.

The government has taken a number of steps to kill off green energy (despite it being cheaper than nuclear), and those steps are seen as so irrational by investors that no energy investors trust the Conservatives any more. As a result it is harder to find funding for new power schemes, pushing prices up.

Examples cited by the report are;

Highly successful carbon capture schemes were abandoned just weeks before the end of the 10 year £220m project